SEC Form 4 · accession 0001562180-17-001231
SUPERIOR INDUSTRIES INTERNATIONAL INC · SUP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James F Sistek
Officer — SR VP Business Operations
Period of report
Mar 7, 2017
Accepted (ET)
Mar 9, 2017 · 6:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000095552
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 7, 2017 | M | 1,356 | $0.00 | A | 7,878 | D | |
| Common Stock | Mar 7, 2017 | F | 458 | $26.35 | D | 7,420 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | — | Mar 7, 2017 | M | 1,356 | D | — | — | Common Stock | 1,356 | 2,752 | D |
Explanation of responses
- F1These shares were withheld solely for the purpose of paying taxes due upon the vesting of shares from restricted stock units that were granted to the Reporting Person under the Company's Amended and Restated 2008 Equity Incentive Plan.
- F2Each restricted stock unit represents a contingent right to receive one share of common stock of Superior Industries International, Inc.
- F3The restricted stock units vest and settle in stock in three approximately equal installments on each of the first three anniversaries of the grant date.